Egypt's GASC gets offers in wheat tender Sept. 12, 2018
Traders said the following offers were submitted to GASC in the tender on Wednesday, September 12, for October 25-November 4 delivery: (USD/MT, FOB):
- Daewoo:
- 55,000 MT of Russian wheat at 222.70 $/mt fob
- 60,000 MT of Russian wheat at 223.25 $/mt fob
- Alegrow: 60,000 MT of Russian wheat at 223.23 $/mt fob
- Aston:
- 60,000 MT of Russian wheat at 223.75 $/mt fob
- 60,000 MT of Russian wheat at 227.50 $/mt fob
- Glencore:
- 55,000 MT of Russian wheat at 225.25 $/mt fob
- 55,000 MT of Russian wheat at 227.50 $/mt fob
- Cargill: 55,000 MT of Russian wheat at 226.50 $/mt fob
- ADM: 60,000 MT of Russian wheat at 227.35 $/mt fob
- GTCS:
- 60,000 MT of Russian wheat at 229.00 $/mt fob
- 60,000 MT of Russian wheat at 231.00 $/mt fob
- Louis-Dreyfus: 60,000 MT of Ukrainian wheat at 230.00 $/mt fob
The best offers on C&F basis was as follows (USD/MT, C&F):
- Alegrow: 60,000 MT of Russian wheat at 223.23+16.92=240.15 $/mt c&f
- Daewoo: 60,000 MT of Russian wheat at 223.25+16.92=240.17 $/mt c&f
- Daewoo: 55,000 MT of Russian wheat at 222.70+17.83=240.53 $/mt c&f
- Aston: 60,000 MT of Russian wheat at 223.75+16.92=240.67 $/mt c&f
- Glencore: 60,000 MT of Russian wheat at 225.25+17.58=242.83 $/mt c&f